Where can we buy a house in Tehran with one billion tomans?

According to Tejarat News, apartments up to one billion tomans in Tehran can be classified in the group of “reasonably priced” apartments, or in other words, “apartments that fit the budget of the primary house.”

Examining the files available with the intermediaries and what has been registered in the search engines of real estate ads, indicates that in some areas of Tehran it is possible to buy a mobile apartment with a maximum price of one billion tomans.

Zone 4 and also regions 7 to 15 can be introduced as the center of supply of houses up to one billion tomans. Of course, in areas 16 and below, the range of housing prices is in the range that it is possible to supply such units in these areas, but currently the supply of housing units for sale in these areas is very small.

The area of ​​residential units up to one billion tomans that are now available in the housing market is often between 40 and up to 60 square meters, and many of them are in double-digit building age.

Because the age requirement for a mortgage has changed from about two years ago, it is now possible for applicants to use a $ 400 million mortgage loan to build homes up to 25 years old. Purchase from the date of issuance of the construction license. In this way, it is possible to buy middle-aged and old houses with a mortgage.

Although the existing loan ceiling is still not commensurate with the housing price situation and the ratio of facilities to property value is much lower than the reasonable range, but currently the only safe way to become a homeowner in front of the first home is the same loan and the only option is old houses renovated or in need of renovation. Is.

Source: the world of economy

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